June 17, 2024
S&P 500, Dow book highest close in 2 months on more signs of cooling inflation and ahead of bank earnings

S&P 500, Dow book highest close in 2 months on more signs of cooling inflation and ahead of bank earnings

U.S. stocks finished sharply higher on Thursday, led by technology stocks, as traders parsed another batch of inflation data showing pressures easing in March, while the first reports from what’s expected to be a gloomy first quarter earnings season arrived, with several marquee releases due on Friday morning.

The S&P 500 and the Dow Jones Industrial Average booked their highest close since mid-February, according to Dow Jones Market Data.

What happened

U.S….

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